Putnam Global (Ireland) Risk Analysis And Volatility Evaluation

IE0030390896 -- Ireland Fund  

EUR 6.93  0.00  0.00%

Our philosophy towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Putnam Global High which you can use to evaluate future volatility of the fund. Please check Putnam Global High Coefficient Of Variation of 831.86 and Risk Adjusted Performance of 0.15 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Putnam Global Market Sensitivity

As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market.
One Month Beta |Analyze Putnam Global High Demand Trend
Check current 30 days Putnam Global correlation with market (DOW)
β = -0.1118

Putnam Global Central Daily Price Deviation

Putnam Global High Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Putnam Global Projected Return Density Against Market

Assuming 30 trading days horizon, Putnam Global High Yield Bond E has beta of -0.1118 . This indicates as returns on benchmark increase, returns on holding Putnam Global are expected to decrease at a much smaller rate. During bear market, however, Putnam Global High Yield Bond E is likely to outperform the market. Additionally, Putnam Global High Yield Bond E has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.11
σ
Overall volatility
=0.00
Ir
Information ratio =0.04

Putnam Global Return Volatility

Putnam Global High Yield Bond E accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Putnam Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Putnam Global Investment Opportunity

DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than Putnam Global High Yield Bond E. 0% of all equities and portfolios are less risky than Putnam Global. Compared to the overall equity markets, volatility of historical daily returns of Putnam Global High Yield Bond E is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Putnam Global High Yield Bond E to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Putnam Global to be traded at €6.86 in 30 days. As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market.

Putnam Global correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Putnam Global High Yield Bond and equity matching DJI index in the same portfolio.

Putnam Global Volatility Indicators

Putnam Global High Yield Bond E Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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